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Inventure Growth & Securities Ltd. Rights Issue (Inventure Growth & Securities Rights Issue 2024) Detail

July 15, 2024 - August 13, 2024
Inventure Growth & Securities Ltd. Logo

Incorporated in June 1985, Inventure Growth and Securities Limited offers a wide range of comprehensive advisory services that include trading in equity cash and derivatives markets, debt markets, commodities and currency futures segments, financing activities, wealth management, and distribution of financial products.

The services offered by the company are as follows

  • Retail Broking
  • Financial Product Distribution
  • Institutional Broking
  • Mutual Fund Investments
  • Commodity Broking
  • Registered Research Analyst
  • Depository Participant

The company is based in Mumbai and operates through 126 business locations, including branches and authorized personnel across India.

As of 30 September 2023, the company has 105 employees in various department.

Inventure Growth & Securities Rights Issue 2024 Detail

Issue Open July 15, 2024 - August 13, 2024
Security Name Inventure Growth & Securities Ltd.
Issue Size (Shares) 210,000,000
Issue Size (Amount) ₹48.93 Crores
Issue Price ₹2.33 per share
Face Value ₹1 per share
Listing At BSE, NSE
Terms of Payment

Full amount has to be paid on the day of application;

Entitlement 1 Rights Equity Share(s) for every 4 fully paid-up Equity Shares held on Record Date

Inventure Growth & Securities Rights Issue 2024 Issue Timetable

Last Date to buy sharesJuly 4, 2024
Record Date July 5, 2024
Credit of Rights Entitlements July 10, 2024
Bid/Offer Opens On July 15, 2024
Renunciation of Rights Entitlements August 7, 2024
Bid/Offer Closes On August 13, 2024
Deemed Date of Allotment August 21, 2024
Credit Date August 26, 2024
Listing Date August 28, 2024

Company Financials

Inventure Growth & Securities Ltd. Financial Information (Restated Consolidated)

Inventure Growth & Securities Ltd.'s revenue increased by 22.59% and profit after tax (PAT) rose by 29.6% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 2023
Assets327.01277.26
Revenue62.5150.99
Profit After Tax12.009.26
Net Worth210.21208.76
Amount in ₹ Crore

Objects of the Issue:

The objects of the Net Proceeds (as defined below) of the Issue are:

  • Expansion of Arbitrage and Share Trading Business
  • Working Capital for Expansion of Arbitrage and Share Trading Business
  • Expansion of Margin Trading Facility (MTF)
  • Investing in the new edge proprietary technology and software

Inventure Growth & Securities Rights Issue 2024 Subscription Status

Inventure Growth & Securities Rights Issue 2024 got oversubscribed by 1.17 times by the end of the bidding period with total bid quantity received by BSE and NSE of 244,752,913 shares.

Inventure Growth & Securities Rights Issue 2024 Documents

Inventure Growth & Securities Rights Issue 2024 Rating

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Inventure Growth & Securities Rights Issue 2024 Reviews

Company Contact Information

Inventure Growth & Securities Ltd.
201, 2nd Floor, Viraj Tower
Near Landmark, Western Express Highway
Andheri – East, Mumbai - 400069

Phone: +91 - 22-71148500
Email: cs@inventuregrowth.com
Website: https://www.inventuregrowth.com/

Inventure Growth & Securities Rights Issue 2024 Registrar

  1. Link Intime India Private Ltd
    Phone: +91-22-4918 6270
    Email: inventure.rights2023@linkintime.co.in
    Website: https://linkintime.co.in/initial_offer/public-issues.html

Inventure Growth & Securities Rights Issue 2024 Lead Manager(s)

Inventure Growth & Securities Rights Issue 2024 FAQs

The Inventure Growth & Securities Rights Issue 2024 opens on July 15, 2024, and closes on August 13, 2024.

Inventure Growth & Securities Rights Issue 2024 Schedule

Last Date for credit of Rights EntitlementsJuly 10, 2024
Last Date for renunciation of Rights EntitlementsAugust 7, 2024
Issue Opening DateJuly 15, 2024
Issue Closing DateAugust 13, 2024
Date of Allotment (on or about)August 21, 2024
Date of Credit (on or about)August 26, 2024
Date of Listing (on or about)August 28, 2024

Inventure Growth & Securities Rights Issue 2024 price is set at ₹2.33 per share per equity share.

The eligible shareholders are being offered 1 Rights Equity Share(s) for every 4 fully paid-up Equity Shares held on Record Date (July 5, 2024).

The record date for the Inventure Growth & Securities Rights Issue 2024 is July 5, 2024.

The issue size of Inventure Growth & Securities Rights Issue 2024 is of 210,000,000 equity shares at ₹2.33 per share aggregating upto ₹48.93 Crores.

The Letter of Offer for Inventure Growth & Securities Rights Issue 2024 can be download here.

You can apply for Inventure Growth & Securities Rights Issue 2024 in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for Inventure Growth & Securities Rights Issue 2024 using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the Inventure Growth & Securities Rights Issue 2024 available on the list.
  4. Click the Apply button next to the Inventure Growth & Securities Rights Issue 2024.
  5. Fill and check your information.
  6. Submit the application.

Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.

Steps to apply for Inventure Growth & Securities Rights Issue 2024 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Inventure Growth & Securities Rights Issue 2024 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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